Comprehensive Annual Financial Report June 30, 2011 - Western ...

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WESTERN VIRGINIA WATER AUTHORITY Table 9 Schedule of User Rates Last Ten Fiscal Years (1) Fiscal Year 2011 (2) 2010 (3) 2009 (4) 2008 (5) 2007 (6) 2006 (7) 2005 (8) Water Rates: City of Roanoke Residents Water Fixed Rate $7.75 $6.25 $5.30 $4.50 $4.00 $3.50 $3.50 Water Variable Rate 3.00 3.00 2.90 2.75 2.54 2.42 2.30 Average monthly residential bill 22.75 21.25 19.80 18.25 16.70 15.60 15.00 County of Roanoke Residents Water Fixed Rate $7.75 $6.25 $6.00 $5.50 $5.60 $5.70 $6.25 Water Variable Rate 3.00 3.00 2.90 2.90 2.90 2.90 2.90 Average monthly residential bill 22.75 21.25 20.50 20.00 20.10 20.20 20.75 County of Franklin Residents (10) Water Fixed Rate (9) $32.00 $32.00 na na na na na Water Variable Rate 8.00 8.00 na na na na na Average monthly residential bill 32.00 32.00 na na na na na Sewer Rates: City of Roanoke Residents Sewer Fixed Rate $11.20 $9.25 $7.50 $6.00 $4.50 $3.00 $1.65 Sewer Variable Rate 3.50 3.50 3.30 3.05 2.85 2.70 2.59 Average monthly residential bill 28.70 26.75 24.00 21.25 18.75 16.50 14.60 County of Roanoke Residents Sewer Fixed Rate $11.20 $9.25 $9.00 $9.00 $9.00 $9.00 $9.00 Sewer Variable Rate 3.50 3.50 3.20 2.80 2.45 2.10 1.80 Average monthly residential bill 28.70 26.75 25.00 23.00 21.25 19.50 18.00 County of Franklin Residents (10) Sewer Fixed Rate $11.00 $9.00 na na na na na Sewer Variable Rate 7.60 7.25 na na na na na Average monthly residential bill 49.00 45.25 na na na na na Roanoke residential bill based on 5/8 inch meter using 5,000 gallons (1) Fiscal year 2005 was the first year of operation for the Authority. (2) Rates effective January 1, 2011 (3) Rates effective January 1, 2010 (4) Rates effective January 1, 2009 (5) Rates effective January 1, 2008 (6) Rates effective January 1, 2007 (7) Rates effective January 1, 2006 (8) Rates effective January 1, 2005 (9) Includes minimum usage of 4,000 gallons (10) County of Franklin joined the Authority in fiscal year 2010, rates are not applicable for years before fiscal year 2010 -85-
WESTERN VIRGINIA WATER AUTHORITY Table 10 Principal Customers Comparison of June 30, 2011 and 2005 (1) Fiscal Year 2011 Water Consumption Sewer Flow Customer in 000/gals % of System in 000/gals % of System Wometco Coca Cola 129,111 2.5% 46,790 1.1% Carilion Hospitals 115,811 2.2% 94,294 2.2% Norfolk Southern Corporation 90,291 1.7% 38,143 0.9% Roanoke Redevelopment and Housing Authority 87,165 1.7% 87,165 2.0% ITT 65,914 1.3% 57,598 1.3% Steel Dynamics 62,159 1.2% 22,047 0.5% Snyder Hunt Corporation 58,844 1.1% 58,844 1.4% Pepsi Bottling Group 38,996 0.8% - 0.0% Hollins University 35,597 0.7% 25,911 0.6% Maple Leaf Bakery 25,781 0.5% 25,781 0.6% Total consumption (principal customers) 709,669 13.7% 456,573 10.7% Balance from other customers 4,478,386 86.3% 3,828,373 89.3% Total system annual consumption 5,188,055 100.0% 4,284,946 100.0% Fiscal Year 2005 Water Consumption Sewer Flow Customer in 000/gals % of System in 000/gals % of System Carilion Hospitals 183,187 3.0% 183,187 3.5% Wometco Coca Cola 130,732 2.1% 13,073 0.2% Norfolk Southern Corporation 125,884 2.1% 125,884 2.4% Roanoke Redevelopment and Housing Authority 103,055 1.7% 103,055 2.0% Roanoke Electric Steel 76,374 1.2% 15,275 0.3% Snyder Hunt Corporation 58,802 1.0% 58,802 1.1% Pepsi Bottling Group 55,391 0.9% 5,539 0.1% Friendship Manor 41,583 0.7% 41,583 0.8% Hotel Roanoke 31,368 0.5% 31,368 0.6% F&W Management Company 16,352 0.3% 16,352 0.3% Total consumption (principal customers) 822,728 13.4% 594,118 11.3% Balance from other customers 5,310,613 86.6% 4,686,433 88.7% Total system annual consumption 6,133,341 100.0% 5,280,551 100.0% (1) Fiscal year 2005 was the first year of operation for the Authority. -86-
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COMPREHENSIVE ANNUAL FINANCIAL REPO
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Profile (Continued) The Authority
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Major Initiatives and Accomplishmen
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Major Initiatives and Accomplishmen
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Relevant Financial Policies Account
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Western Virginia Water Authority Cu
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Our audit was conducted for the pur
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Overview of the Financial Statement
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Review of Operations Operating reve
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Capital Assets - Water Fund Net of
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Capital Asset and Debt Administrati
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